24280 Mound Rd Warren, MI 48091
- Industrial properties
- 4,800 SF
- 0.25 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 24280 Mound Rd
- Year built
- 1949
- Lot size
- 0.25 lot acres
- Property size
- 4,800 SF
- Zone code
- M-2
- Property type
- Industrial properties
- APN
- 12-13-28-152-016
- APU
- 121328152016
Description
This exceptional 4,800 square foot industrial building, located at 24280 Mound Road in Warren, Michigan, presents a unique investment opportunity. Situated on a 0.25-acre lot, the property is zoned M-2, fully compliant with all city and state regulations for cultivation facilities. Its history as a previously approved Green Zone grow operation provides a significant advantage for prospective buyers seeking a turnkey solution. The building boasts 3-phase power, a critical infrastructure component for high-energy operations. This ready-to-occupy space eliminates the lengthy and often costly permitting processes associated with establishing a similar facility. The property's strategic location in Warren offers convenient access to major transportation routes, ensuring efficient logistics. The existing infrastructure and zoning make this an ideal property for a variety of cultivation-related businesses, minimizing start-up costs and maximizing return on investment. This is a rare opportunity to acquire a fully compliant and operational facility, ready for immediate use. The asking price is $430,000. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $375,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $370,000
- Mixed-Use
- $395,000
- Hospitality
- $320,000
- Educational
- $365,000
- Residential Income
- $330,000
- Energy
- $315,000
- Income-Based Land
- $340,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0446
- Latitude
- 42.4724
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA